Healthcare Analytics & IoT: IBM HorizonWatch 2016 Trend Brief

© 2016 IBM Corporation
IBM Market Development & Insights
Note: This report is based on internal IBM analysis and is not meant to be a statement of direction by IBM nor is IBM committing to any particular technology or solution.
Healthcare Analytics & IoT
IBM HorizonWatch 2016 Trend Brief – External Version
Bill Chamberlin, Principal Client Research Analyst / IBM HorizonWatch Community Leader
May 10, 2016

About This HorizonWatch Emerging Trend Brief
2 Healthcare Analytics: HorizonWatch Emerging Trend Brief (External version)10May2016
 Purpose: The slides provide a quick overview of the IoT Analytcis in Healthcare trend.
The slides provide summary information, a list of trends to watch and links to additional
resources
 How To Use This Report: Use these slides as a learning document and a springboard to
further research and reading on this trend. You may want to view the slides in slideshow
mode so you can easily follow the links
 Available on Slideshare: The latest version of this file (and other HorizonWatch Trend
Reports for 2016) will be available publically on Slideshare at
http://www.slideshare.net/horizonwatching
 Please Note: This report is based on internal IBM analysis and is not meant to be a
statement of direction by IBM nor is IBM committing to any particular technology or
solution.

Defining the Healthcare Analytics & IoT market
Health analytics encompasses the technologies and skills
used to deliver business, clinical and programmatic
insights into the complex interdependencies that drive
medical outcomes, costs and oversight (Source: SAS).
Healthcare analytics harnesses multiple data sources,
including clinical patient data, to deliver patient-driven
outcomes.
The adoption of Internet of Things (IoT) networks, the data
collected and the analytics of that data are accelerating the
transformation of the healthcare industry.
3
Enabling Technologies:
Healthcare analytics relies on multiple tools, technologies,
and related assets, many of which can vary depending on
the specifics of a given application and/or outcome.
Foundation technologies involved in the application of
analytics to the healthcare industry include the following:
• Visualization and exploration tools (i.e. SPSS)
• Enterprise data warehouse models and platforms
• Big data development platforms (i.e. Cloudera)
• Cloud-based healthcare analytics solutions
• Point solutions for healthcare analytics
• Healthcare EMR/EHR platforms
Healthcare Analytics: HorizonWatch Emerging Trend Brief (External version)10May2016
Facts to consider
• The global IoT healthcare market is
expected to grow from $32.47 billion in
2015 to$163.24 billion by 2020.
• IoT-enabled connectivity within hospital
labs will increase total global laboratory
test throughput by more than 3.02 billion
diagnostic tests over the next 5 year.
• The value of improved health of chronic
disease patients through remote
monitoring could be as much
as $1.1 trillion per year in 2025.
• Four million patients globally
will remotely monitor their
health conditions by 2020.
• Consumers utilizing home health
technologies will increase from 14.3
million worldwide in 2014 to 78.5 million
by 2020.

Analytics & IoT will drive digital health transformation
 The transformation of the healthcare industry has begun. While it will take many years and perhaps
will never be fully done, the shake-up in healthcare provider and payer departments, processes, and data
management will leave the industry profoundly different.
 The transformation will be enabled by big data and analytics. The amount of healthcare related data
available within the industry is growing exponentially. Patients will have access to their healthcare data
and will leverage that data to manage their own healthcare. Providers will increasingly look to analytics to
provide predictive and prescriptive capabilities, dramatically improving the ability of healthcare providers
to help patients.
 On the horizon is truly personalized healthcare where providers and patients can leverage and
understand not only history and real-time healthcare symptoms all the factors, including genetics,
behavior and environmental factors.
4
“Factors such as the rise in pressure to curb healthcare costs, meaningful use
incentives, availability of big data in healthcare, technological advancements, and
increase in venture capital investments are propelling the growth of healthcare
analytics market.” MarketsandMarkets
“The global healthcare market is in a state of crisis, and IoT services and technology
can help to reduce the rising costs while also increasing the amount of care patients
can receive.” ABI Research

Healthcare Analytics – 5 trends to watch in 2016
1. IoT drives digitalization and demand for analytics.
Leading hospitals and providers leverage data from sensors,
employee wearables and patient monitoring devices in order
to build a real-time sense and respond network that cuts
healthcare costs and improves patient experience/outcomes.
2. Ever-increasing volumes of patient data. Digitization of
healthcare and IoT generates data for patient records,
population health data, and other databases. Providers will
seek out-of-the-box cognitive platforms that can extract
insights from many data sources.
3. Shift to personalized healthcare. Providers gradually turn to
IoT-enabled in-home care strategies. Pairing in-home
wearables with cognitive coaching systems will emerge as a
key driver of effective patient care.
4. Providers restructure to support patient-centered care.
Teams of providers leverage data and analytics to treat
patients who have similar symptoms or diagnoses. IoT
emerges as a key data capture point to establish a common
baseline of data for care teams to utilize.
5. Integration of research & operational analytics.
Researchers and providers collaborate to provide better
overall care to patients. Vendors focus on integrating
platforms, applications and data.
5
“By 2025, AI systems are expected to
be implemented in 90% of the US and
60% of the global hospitals and
insurance companies. In turn, AI
systems will deliver easily accessible,
cheaper and quality care to 70% of
patients..” Frost & Sullivan Five Technologies
That Will Disrupt Healthcare By 2020
Forbes: Five Technologies That Will
Disrupt Healthcare By 2020
“The global healthcare analytics market
is expected to reach $18.7 Billion by
2020 from $5.8 Billion in 2015, at a
CAGR of 26.5% during the forecast
period.” MarketsandMarkets

Healthcare IoT – 5 trends to watch in 2016
1. Digital healthcare transformation. Data from IoT devices,
including hospital room sensors, lab equipment, employee
wearables and patient monitoring devices will enable the industry
to accelerate the transformation to digital. This transformation will
cut healthcare costs and improve patient experiences and
outcomes.
2. Key solution areas. Look for improvements in IoT solutions
related to remote patient monitoring services, mobile health
technologies, telemedicine, medication management, clinical
operations, employee workflow management and inpatient
monitoring.
3. Extracting insights from all the data. The IoT will result in an
increased flow of data for patient records, population health data
and other databases, bringing a new complexity to provider and
physician operations.
4. Security and privacy issues. IoT and wearable sensors are
increasingly collecting patient specific data. The healthcare
industry, vendors and governments need to figure out how to
ensure all this private and personal data is secured appropriately.
5. IoT for the hospital. Leading hospitals will develop long-term
strategies to leverage sensors and wearables throughout their
operations in order to build a real-time sense-and-respond
intelligent operation that cuts costs and improves patient
experiences and outcomes.
6
IBM: Healthcare Internet of Things: 18
trends to watch in 2016
“From clinicians that need to
identify patients, collect specimens,
administer medication and monitor
vital signs to pharmacists that need
an accurate inventory count, with
the Internet of Things, healthcare
organizations can benefit from next
level Intelligence..” HIMSS 3 Ways the
Internet of Things Is Improving Healthcare

Healthcare IoT – Adoption Challenges
 Staffing and retention of trained IT professionals.
Competition within and outside the healthcare industry for top-
tier data scientists and related talent will remain a pervasive
industry pain point for healthcare providers and payer. Attracting
and retaining top talent will require a continued focus on
employee growth opportunities, as well as competitive salary
and benefits packages.
 Sharing of patient data between and within institutions.
With many individuals treating a single patient, the transfer and
sharing of information is key to proper diagnosis, treatment and
ongoing effective decision making; however, this creates
multiple issues due to the sensitivity of patient healthcare
records and related data.
 Leadership challenges and lack of healthcare analytics
vision. According to a survey conducting by Health Data
Management at its Healthcare Analytics Symposium in July
2015, leadership was identified by participants as the top overall
challenge to healthcare analytics, pointing to a need for data-
driven leadership in the industry.
 Lack of IT standardization of IT across healthcare
platforms. Analytics adoption in healthcare is closely tied to
the ease with which disparate structured and unstructured data
sources can be integrated and leveraged for data-driven
decision making.
7
HealthData Management: Top Challenges
to Analytics in Healthcare? Not
Technology
Healthcare Informatics: CIOs Convene:
Healthcare Leaders Discuss the Biggest IT
Challenges Facing their Organizations in
the Year Ahead

Healthcare IoT: Additional resources found on the Internet
 Accenture: How did the digital healthcare landscape change in 2015?
 Accenture: How does the Industrial Internet of Things benefit healthcare?
 Aria: Healthcare: A $117B opportunity for the Internet of Things
 BCG: China’s Digital Health-Care Revolution
 CIO.com: How the Internet of Things is changing healthcare and
transportation
 CIO.com: 6 Big Data Analytics Use Cases for Healthcare IT
 Deloitte: How digital technology is transforming health and social care /
Digital Health in the UK / Health system analytics
 Deloitte University Press: The Internet of Things in health care
 eMarketer: The Internet of Medical Things: What Healthcare Marketers
Need to Know Now
 Financial Times: How the internet of things can speed up health delivery
 Forbes: Driving Healthcare Transformation With Connected Tech At CES
 Forbes: Why Doctors Are Frustrated With Digital Healthcare
 Goldman Sachs: The Digital Revolution comes to US Healthcare
 Harman: "Live Long and Prosper" With Internet of Things in Healthcare
 HealthDataManagement.com: Top Challenges to Analytics in Healthcare?
Not Technology
8
IBM ThinkAcademy: How It
Works: IBM Watson Health
IBM: Six ways to make healthcare smarter

Healthcare IoT: Additional resources found on the Internet (cont.)
 Hospitals & Health Networks: How The Internet of Things Will Affect Health
Care
 HIMSS: 3 Ways the Internet of Things Is Improving Healthcare Huffington
Post: Digital Healthcare: What Are the Opportunities?
 IBM: Healthcare Industry / Analytics for Healthcare / Watson Health
 IBM: Healthcare Internet of Things: 18 trends to watch in 2016
 IBM: Six ways to make healthcare smarter
 Information Age: How to plan a hospital environment for the Internet of
Things
 Mainspring: The Internet of Things (IoT) is transforming hospital operations
 Marketwired.com: Global Market for Healthcare Analytics to Triple in Value
Through 2020, According To BCC Research
 Oracle: The Role of Analytics in Transforming Healthcare
 PubNub: Realtime Technology and the Healthcare Internet of Things
 SAS: Health Analytics: What it is and why it matters
 TechCrunch: How The Digital Health Revolution Will Become A Reality
 TechRadar: How the Internet of Things will revolutionise medicine
 TechTarget: A guide to healthcare IoT possibilities and obstacles
 Validic: Is Your Digital Health Strategy Thriving, Surviving or Non-Existent?
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IBM Webinar: Connecting the Data
Integration for Today's Healthcare
Environment
“Internet of Things (IoT) enables
centralized monitoring and control
of all the operations taking place
in healthcare organizations. The
adoption of IoT may bring
exceptional operational efficiency
to hospitals and surgical centers
in managing day-to-day clinical
operations, and tracking
hospitalized patients.”
MarketsandMarkets

Healthcare Analytics & IoT: IBM HorizonWatch 2016 Trend Brief

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Healthcare Analytics & IoT: IBM HorizonWatch 2016 Trend Brief